Thursday, July 22, 2010, Mumbai : The Board Meeting of Shriram Transport
Finance Company Limited (STFC), the largest asset financing NBFC in the country,
was held today to consider the Unaudited financial results for the first quarter
ended 30th. June, 2010.

Financials:
The Net Interest Income for the quarter ended 30th. June, 2010 surged by 49.53%
to Rs. 701.41 crores as against Rs. 469.09 crores recorded in the same period previous
year. The profit after tax rose by 75.73% to Rs. 288.94 crores as against Rs. 164.42
crores recorded in the same period previous year. The earning per share surged by
59.93% to Rs. 12.81 from Rs. 8.01 recorded in the same period earlier year.

Ratios:
The return on assets (ROA) for the quarter ended 30th. June, 2010 stood at 4.24%
against 2.65% of the same period previous year. The return on equity (ROE) and net
non performing assets (Net NPA) stood at 28.99% and 0.44% respectively.
The aforesaid figures are stand-alone financial results of the Company. Total Assets
under Management as on 30th. June, 2010 stood at Rs. 30,238.88 crores as compared
to Rs. 29,126.08 crores as on 31st. March, 2010.

About Shriram Transport Finance Company Limited.
Shriram Transport Finance Company Limited is the flagship company of the Shriram
group which has significant presence in Consumer Finance, Life Insurance, General
Insurance, Stock Broking and Distribution businesses. Established in 1979, Shriram
Transport is today the largest asset financing NBFC in the country and holistic
finance provider for the commercial vehicle industry and seeks to partner small
truck owners for every possible need related to their assets. It has PAN India presence
with 487 branch offices. Based at Mumbai, it manages assets over Rs 31,700 crores
and has a live customer base exceeding 7,00,000.